News: Brokerage

Watkins joins Megalith Capital Management as a principal

According to Megalith Capital Management, a residential real estate owner and developer focused on investments in New York City and urban, supply-constrained markets, Philip Watkins has joined as a principal. In his new position, Watkins will be actively involved in all aspects of the firm's acquisitions and asset management activities. "We are delighted to welcome Phil to Megalith. His experience and industry knowledge have allowed him to hit the ground running and have already made him a key addition to the Megalith team," said Samvir Sidhu, chief executive officer of Megalith Prior to joining Megalith in 2013, Watkins worked for Morgan Stanley Real Estate Investing, where he was responsible for underwriting, structuring and closing investments across a wide range of asset classes and throughout the capital structure. "I am thrilled to join Megalith and look forward to identifying new opportunities to create value and helping to grow the Megalith portfolio," said Watkins. Watkins received an MBA in General Management from the Harvard Business School and a BSBA in Finance, cum laude, from the University of Florida.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.